Channel Sponsor - Coding/Billing/Collections

Sponsored by National Medical Billing Services | | (636) 273-6711

Payers will adjust strategy to manage ASC costs, CompPharma leader predicts

Workers' compensation is a "soft target" for ASCs, hospitals and other facilities that efficiently maximize revenue, CompPharma Co-owner Joe Paduda said in a Managed Care Matters post.

CompPharma is a consortium of pharmacy benefit managers working to control pharmacy costs in workers' compensation. Mr. Paduda shared this prediction:

"...most payers are woefully unprepared. That has to change, and fast. Payers will be seeking out, and contracting with, vendors that can help them better manage facility costs."

Click here to read more of his insights.

More articles on coding, billing and collections:
4 stories on ASC reimbursement and payer trends to know
3 big reimbursement and payer trends for ASCs + what happens when patients rate shop
US government recovered $2.5B from Medicare, Medicaid fraud in 2018: 3 things to know

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months